All of the Following Statements Are True About Entrepreneurship Except

question 174

Multiple Choice

All of the following statements are true about entrepreneurship except:

• A)The entrepreneur assembles the other needed resources.
• B)The entrepreneur risks her or his own money.
• C)The entrepreneur reaps the profits or suffers the losses of the enterprise he or she creates.
• D)The term entrepreneur is synonymous with the term inventor.

---

Definitions:

Common Share

A type of security that represents ownership in a corporation, entitling the holder to vote at shareholders' meetings and to receive dividends.

Syndicate

A group of underwriters formed to reduce the risk and help to sell an issue.

Group of Underwriters

A team of financial institutions or individuals that jointly take on the risk of issuing new securities by purchasing them from the issuer and selling them to the public.

Reduce Risk

Strategies and measures employed by individuals or companies to minimize the exposure to financial loss or operational failures.